Ashwani Gujral , Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about Shree Cement.
What do you make of this big move in Shree Cement yesterday?
Cement does not seem to be a leading space. Shree Cement has done a range over many years probably and each time it gets to about 1700, it tends to find some sort of support but broadly between say about 1600 to about 2100 and the rally would be suspect given that the monsoons have just started. So maybe it is a good trade for a couple of hundred bucks but not really much more than that.
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